msolga wrote:goodfielder wrote:Apparently if they - Hawke and Keating - hadn't "freed" (if I'd know it was taken hostage I would have done something about it) up the economy we would have ended up like Argentina..
Yep, that's what they've told us again & again & again ....
Trouble is, we have all these unskilled workers who are living a life worse than Argentina (whatever that means!)
Oh lord Msolga - NO!!!
We cannot imagine how awful poverty in South America is.
I do wonder if our poor sometimes have a poverty of spirit that some cultures do not have in deepest poverty - but to be poor in South America?
Sadly, I do think that Keating was right - a single little country could not resist the tides of globalisation and right wing economics.
I recall one of the most horrible fights I ever had with Craven - and that is saying something! - was about this. I do think that we had to do those things - and I think it could have been managed better. But the goddamn "trickle down effect" does not sem to be working well here - though I do think the economies of some third world countries are benefitting.
I am with you - I don't understand economics - though I do think many who claim to do so are charlatans.